Mofid Securities Co.

شرکت کارگزاری مفید
Mofid Securities

Type	Private
Industry	Banking Financial services
Founded	1994
Headquarters	Tehran, Iran
Area served	International
Key people	Hamid Azarakhsh [1]
Products	Investment Management Asset Management Brokerage Services
Number of employees	+270 [1]
Website	www.emofid.com/en

Headquarter of Mofid Securities in Tehran

Mofid Securities is a privately owned investment advisory and a full service brokerage firm in Iran that was established in 1994.^[2] Mofid was one of the top 4 performers among Tehran Stock Exchange firms between 2010 and 2013.^[3] Based on a report executed on 21 March 2015 more than 23% electronic deals were performed through Mofid Securities Co..^[4]

History

Mofid Securities Company was established in 1994 by Hamid Azarakhsh.

Global investment advisory

After The Joint Comprehensive Plan of Action, Mofid Securities has been already signed partnerships with boutique asset managers in London to launch Iran-focused investment funds this year.^[5]

In 2015, Mofid Securities and Sturgeon Capital, which is based in London and oversees $80 million in frontier and emerging markets, announced plans to invest in Iran’s consumer-facing companies, including pharmaceuticals, banks and consumer discretionary. The fund is based in Bermuda and will be "sanctions compliant".^[6]

See also

• Venture capital in Iran
• Iranian Rial
• Economy of Iran
• Iranian Oil Bourse
• Central Bank of Iran
• National Development Fund
• Iranian Economic Reform Plan
• Banking and insurance in Iran
• List of major economic laws in Iran

References

1. "Why Mofid". Mofid Securities.
2. "Brokerage Firms".
3. "Tehran Stock Exchange Members On-line Trading Activities".
4. http://www.mondovisione.com/media-and-resources/news/tehran-stock-exchange-reports-on-performance-of-brokerage-firms/
5. http://www.wsj.com/articles/global-finance-returns-to-iran-1440375353
6. http://financialtribune.com/articles/economy-business-and-markets/21710/hedge-fund-plans-invest-tse